Almost two decades into the dotcom boom, the internet has become a climate for digital revolution on all fronts. We are seeing digital communication occur not just between humans, but between things, introducing new methods of data cultivation and opening the floodgates to petabytes of untapped information. The network formed between devices, machinery, and vehicles embedded with data-collecting sensors that engage in real-time information exchange is referred to as the Internet of Things, or IoT.
In recent years, technologies like the Internet of Things (IoT) and the cloud have further developed and become more affordable for industries to integrate. These exceptional tools offer large and small businesses new ways to meet their goals, despite the constraints of an ever-shrinking budget, by increasing the efficiency of their operations while spending less to upgrade their systems. The oil and gas industry is one example of an industry that suffers from large budget cuts and sees fewer able-bodied workers each year. As a result, they have become an early adopter of numerous technology trends in order to help the enterprises in the oil and gas industry move forward.